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Dar Al Arkan shares test resistance
Al Rajhi's stock faces key resistances amid shifts in its technical performance since the beginning of 2026. It has started to move within a sideways range between support at 14.60 SAR and resistance at 20.95 SAR. The stock has experienced positive changes in its price behavior, forming higher highs and higher lows near an important psychological level at 20.00 SAR, which is a critical level for maintaining the upward trend. If the stock succeeds in staying above this level and breaking through the resistance between 20.42 SAR and 20.95 SAR, it could head toward price targets between 21.60 SAR and 22.18 SAR, possibly revisiting the main resistance at 23.95 SAR, which could alter its long-term trajectory. The main support currently stands at 19.00 SAR; a decline below this may limit further upward opportunities and keep the stock within its sideways range. The stock’s ability to utilize these levels and confirm buying momentum will determine its future path.
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